Accordingly recently budget hotel chain Oyo Hotels
has signed MoUs with State Bank of India and Bank of Baroda to extend support
to budget hotels and creating jobs across levels. Meanwhile when signed under
the aegis of the Pradhan Mantri Mudra Yojna, the MoUs will enable
financial support for Oyo’s existing and potential hotel partners to be able to
transform and standardize their properties.

Further Oyo claims that this opportunity will also
allow it to spearhead the creation of thousands of jobs in Tier II and III
cities by nurturing micro-entrepreneurs in the hospitality sector. Moreover these MoUs will help us in shortening the demand supply gap of quality
accommodation by offering hoteliers a platform to transform their property and
enhance the business by creating beautiful living spaces.

Jayant Chauhan, SVP Fintech, OYO, said in a
statement “In the past, partner hotels have witnessed an increase in revenue
and occupancy levels after becoming a part of OYO’s chain of hotels and on
average, in business cities, we have been delivering 80%+ occupancy”. Further Jayant
added, ‘As a category, over the years, budget hotels have been overlooked as
the preferred accommodation option and this may have been due to smaller ticket
values, lack of predictable, standardized services for not so known brands’.

Mickey Mouse character turned 90 on Sunday
Accordingly Iconic cartoon character Mickey Mouse turned 90 on Sunday, and his birthday is being celebrated around the world, including in India. Meanwhile Mickey Mouse made his first appearance in Steamboat Willie on November 18, 1928, and has ruled hearts since then. Furthermore he was born out of necessity when Walt Disney discovered he had lost the rights to his previous character

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Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.